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Source Delegation Complete Contracts and UCC Article 2 List Showing the closest available flashcard practice.

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0 tracked cards Supplemental - Not MEE July 2026

At dinner, Landowner told Friend, "I want you to hold my farm in trust for my daughter until she turns 30." Landowner never signed a deed, trust instrument, memorandum, or any other writing referring to the farm trust. The state requires a signed writing for trusts of land.
Which statement is most accurate?

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The land trust is valid because the settlor used the word trust in conversation. The land trust is unenforceable absent a signed writing satisfying the applicable land-trust requirement. The land trust is enforceable because oral trusts are always valid. The land trust is enforceable because a beneficiary was named.

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